The White Hart Lane-based club were said to be willing to lodge a bid of around £8 million for Zaha, well short of the valuation placed on him by the south London club.

Arsenal meanwhile have an excellent track record of snapping up young English talent and have developed the likes of Theo Walcott and Alex Oxlade-Chamberlain, and could move to bring Zaha to the Emirates in January.

However both Tottenham and Arsenal may find themselves forced out of the running if Madrid make a move.

According to the Sun, Real Madrid coach Jose Mourinho sent scouts to watch Zaha in action ahead of a potential January swoop.

Despite attracting interest from some of Europe’s biggest clubs, Palace remain adamant they will not sell up at least until the summer as they continue their pursuit of promotion to the Premier League.

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